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In this video, Arturo invites Joel Kaplan, a successful agency owner and CEO of Agency Lab, to discuss essential elements of agency contracts. Joel shares insights on creating a "Plug and Play" contract, outlining the necessary changes and important components to include. He highlights his experience in scaling his own social media marketing agency to peak revenues of $300K per month and emphasizes Agency Lab's mission to guide agency owners from starting their businesses to managing five clients and ultimately achieving $100K monthly. Viewers are encouraged to watch until the end for comprehensive guidance on contract creation.